Qatar-based Sabban Property Investments (SPI) has earmarked US $220,430 (QR 800,000) for three carbon-offsetting projects in Uganda, New Zealand and Jamaica.
The three projects comprise the first phase of carbon-offsetting activities, which are designed to neutralise the emissions from the construction of Sabban Towers on The Pearl-Qatar.
The developer’s support in a reforestation project in Uganda, renewable energy plant in New Zealand and an energy efficiency project covers 25% of the offsetting activities that will make the Sabban Towers, upon completion, the first carbon neutral project in the Middle East.
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
